Reply to What is Middle Class....Really?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think your first example is a bit out of touch with housing prices in SF.  [/quote]
What do you mean? I simply posted a link to the NPR report that showed, clearly, that $100k is NOT lower-class in SF (despite another poster saying it was). So these are not my figures, but researched statistics.[/quote]

1) the data is four years old - SF has seen even higher housing prices since then, and 2) it includes people who bought homes years ago or are protected by rent control.  A family, especially one with children, moving there now would have a very hard time making it on $100k. [/quote]
I agree with that, but it doesn't mean that $100k is lower-class in SF. What this means is that the middle class cannot afford to live there (comfortably) and that it really takes an upper class income to live nicely there.

So that's getting to my point. It's not that $100k is a below-average income....it's actually above the median. The fact is that the middle class is priced out of some housing markets. What I see happening (at least here on DCUM) is that people are thinking that if it takes $300k to buy a home in DC, then $300k is middle-class. In reality, it takes an upper income to buy in the city - and that's what $300k is. Upper income, not middle.

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